Desert Gold Ventures Stock Today

DAU Stock  CAD 0.07  0.01  12.50%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 67

 
High
 
Low
Quite High
Desert Gold is selling for under 0.07 as of the 3rd of December 2024; that is 12.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.07. Desert Gold has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Desert Gold Ventures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2022 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Desert Gold Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. The company also holds interest in the Djimbala project that covers an area of approximately 125 square kilometers located in south-western Mali and the Farabantourou and Segala Ouest projects located in western Mali. The company has 224.92 M outstanding shares of which 549 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Desert Gold Ventures

Desert Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Desert Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Desert Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Desert Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Desert Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Desert Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Desert Gold's financial leverage. It provides some insight into what part of Desert Gold's total assets is financed by creditors.
Liquidity
Desert Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Desert Gold Ventures has accumulated 124.11 K in total debt with debt to equity ratio (D/E) of 466.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Desert Gold Ventures has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Desert Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Desert Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Desert Gold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Desert to invest in growth at high rates of return. When we think about Desert Gold's use of debt, we should always consider it together with cash and equity.

Net Income

(1.03 Million)
Desert Gold Ventures (DAU) is traded on TSX Venture Exchange in Canada and employs 4 people. Desert Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Desert Gold's market, we take the total number of its shares issued and multiply it by Desert Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Desert Gold Ventures classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 224.92 M outstanding shares of which 549 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. Desert Gold Ventures has accumulated about 44 K in cash with (1.23 M) of positive cash flow from operations.
Check Desert Gold Probability Of Bankruptcy
Ownership Allocation
Desert Gold holds a total of 224.92 Million outstanding shares. Desert Gold Ventures shows 7.23 percent of its outstanding shares held by insiders and 6.06 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Desert Ownership Details

Desert Gold Ventures Risk Profiles

Although Desert Gold's alpha and beta are two of the key measurements used to evaluate Desert Gold's performance over the market, the standard measures of volatility play an important role as well.

Desert Stock Against Markets

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When running Desert Gold's price analysis, check to measure Desert Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Desert Gold is operating at the current time. Most of Desert Gold's value examination focuses on studying past and present price action to predict the probability of Desert Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desert Gold's price. Additionally, you may evaluate how the addition of Desert Gold to your portfolios can decrease your overall portfolio volatility.